Kpmg US Foundation Inc.
Kpmg US Foundation Inc.
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About this organization
Revenue
$15,543,280
Expenses
$14,650,515
Mission
to operate for charitable purposes in furtherance of lifelong learning
About
The foundations focus is education. Education strengthens societies, but the skills gap is widening, and technology is transforming the very nature of work. The foundation aligns with KPMG LLPs focus on developing the next generation of leaders through a long-term strategic investment in lifelong learning. From helping to put books in the hands of young children in underserved communities, to empowering successful adults to become business professors who mentor the next generation of leaders, the foundation works to enhance lifelong across the education continuum. Matching gifts are another way the foundation supports education. The matching gift program was established to enhance the quality of higher education. The KPMG foundation will match your donations to employees university/college alma mater or to any college or university at which KPMG LLP conducts an active recruiting program. The foundation also operates an employee disaster relief fund. KPMG employees support this fund in order to help their fellow employees who are impacted by unforeseen qualified disasters.
Interesting data from their 2019 990 filing
The non-profit's aim, as stated in the filing, is “The kpmg u.s. foundation, inc. (the "foundation") is focused on lifelong learning demonstrated through its mission to develop tomorrows business leaders, engaged citizens and the communities kpmg serves.”.
When referring to its actions, they were outlined as: “To operate for charitable purposes in furtherance of lifelong learning”.
- The non-profit has complied with legal obligations by reporting their state of operation as TX.
- The non-profit's address in 2019 is noted in the filing as 3 CHESTNUT RIDGE RD, MONTVALE, NJ, 07645.
- The non-profit's form for 2019 reports a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $892,765.
- The CEO compensation package within the organization is not established through a review and approval by a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 0 independent voting members.
- The organization was formed in 1992.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.